Potential shift in momentum on daily support rejection

Panjang

Dolar Australia / Dolar A.S. (FX:AUDUSD)

Telah dikemas kini

FX:AUDUSD Dolar Australia / Dolar A.S.

trendanalysis audusd audusdlong priceactionanalysis confluencetrading pullbacktrade longsetup

Don't get me wrong... we are still in a heavy bearish trend; However, I do think its about time the bears took a breather this week. The daily rejection off the 0.75600-0.75700 support area could indicate an early shift in momentum, so might as well YOLO myself into a long position here. Intra-day levels showing a decent long opportunity on a pullback retesting previous area of S&R in confluence to the respectable ascending TL and the 0.618 fib retracement. I would advise to lower your risk on this one.

Pesanan dibatalkan:

PA moved past entry. Order no longer valid and therefore cancelled

Penafian

Maklumat dan penerbitan adalah tidak dimaksudkan untuk menjadi, dan tidak membentuk, nasihat untuk kewangan, pelaburan, perdagangan dan jenis-jenis lain atau cadangan yang dibekalkan atau disahkan oleh TradingView. Baca dengan lebih lanjut di Terma Penggunaan.